NAICS 54

Professional, Scientific, and Technical Services in Florida: 2026 Market Risk Report

Entry risk 38.2 (Moderate), ranked #22 of 51 states. 149,324 establishments, 754,673 jobs.

Entry Risk Assessment

Entry Risk Score 38.2
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

Lower is better. Relative to national professional, scientific, and technical services average.

📈Growth Opportunity💎Hidden Gem

Florida ranks top 10 in growth momentum while maintaining relatively low market saturation (bottom 15). This combination signals an underpenetrated market with expanding demand.

5-Year Firm Retention
21.6%
Percentile within industry
Rank #41 of 51 states
Growth Momentum
63.2
Scale of 0-100
Rank #7 of 51 states
Establishment Density
17.5
vs. national average
Rank #40 of 51 states
Market Volatility
0.0
Lower is more stable
Wage Pressure Index
26.9
Labor cost pressure

149,324 Establishments in Florida

149,324
Establishments
+2.5% YoY
754,673
Total Employment
+2.3% YoY
$107,260
Average Annual Wage
+4.6% YoY

Florida vs National Professional, Scientific, and Technical Services Average

How Florida's professional, scientific, and technical services market compares to the national average across all 51 states.

Metric FL National Difference
Entry Risk Score 38.2 40.5 -2.3
5-Year Retention 21.6% 51.0% -29.4
Growth Momentum 63.2 37.2 +26.0
Market Volatility 0.0 21.8 -21.8
Establishment Density 17.5 12.6 +4.9
Wage Pressure 26.9 34.0 -7.1

Green = favorable vs national average. Red = less favorable. Metrics are relative within professional, scientific, and technical services only.

Florida Ranks #22 of 51 for Professional, Scientific, and Technical Services

Florida ranks #22 out of 51 states for professional, scientific, and technical services market entry conditions.

Professional, Scientific, and Technical Services Entry Risk by State

Rank State Risk Score Classification
#1 Alabama 29.4 low
#2 Iowa 31.1 moderate
#3 Nebraska 31.6 moderate
#4 South Dakota 32.9 moderate
#5 Mississippi 33.4 moderate
#22 Florida You 38.2 moderate

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Florida stack up against other states for professional, scientific, and technical services?

Select a state above to see the comparison

Professional, Scientific, and Technical Services in Neighboring States

How Florida's professional, scientific, and technical services market compares to bordering states.

Other Industries in Florida